Smyrna principal quits over school credit card use

Posted by administrator | 22/10/11 | Tagged Credit Card

Smyrna principal quits over school credit card use
News from The Tennessean:

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Smyrna principal quits over school credit card use

Smyrna Elementary Principal Regina Joiner resigned after admitting to making nearly $ 1,000 in unauthorized purchases on a school credit card, a Rutherford County Schools official said.

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Credit Scores Down But Credit Card Debt Up

Posted by administrator | 22/10/11 | Tagged Credit Card Debt

Credit Scores Down But Credit Card Debt Up
News from TIME:

Numbers don’t lie, but sometimes they don’t tell the whole story. Credit score and product site CreditKarma.com compared the amount of credit card, mortgage and student loan debt in each state, along with each state’s average FICO score. On average, we’re not doing so well, evidence of the ongoing struggle for financial stability many families still face more than two years after the “official” end of the recession. The average American’s score was 663 in the third quarter, a drop of four points from last quarter, even as our average credit card debt ticked up to $ 6,513. But there were some surprises in the state-by-state breakdown. The top-scoring states were California and New Jersey, with average FICO scores of 682 and 680, respectively. (It’s worth noting that neither of these is high enough to be eligible for most lenders’ prime rates. For that, you generally need a minimum of 720 or 750, depending…………… continues on TIME
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